Financial development and tourism at the traditional village in Gianyar, Bali: Tri Hita Karana Value

Abstract

Tri Hita Karana (THK) is the foundation and guide of the general Hinduism society in living their life. This study aims to identify THK integration on the synergy Village Credit Institution (LPD) and traditional village and observe the LPD contribution in the financial and tourism development at the traditional village in Gianyar, Bali. An ethnography approach was used to identify the problem. The result found that THK has a substantial role in the existence of LPD, which contributes to the traditional village development, especially in Gianyar. The existence of LPD also contributes significantly to the village's financial development, and the existence of LPD could have a significant impact on society’s knowledge and access to financial and services and promoting the regional tourism potential. This effort is also a form of strengthening and maintaining the sustainable existence of traditional village tourism and improving LPD performance in terms of financing and financial management of traditional villages

Value-Chain in Beach Tourism: The Consideration of Maslahah in Strategic Formulation

“…The financial supervisor was included as regional income. The results of previous studies found that to support the development of the tourism sector, sound financial management was needed to obtain funds for the development of tourist destinations (Suidarma et al, 2021).…”

Empowering Local Communities: Promoting Financial Management in Village-Owned Enterprises (BUM Desa) for Sustainable Tourism Development

“…By documenting and sharing the outcomes of this community service initiative through this journal manuscript, we hope to contribute to the existing body of knowledge on community-driven tourism development and financial management. Furthermore, we aim to inspire other researchers, practitioners, and policymakers to recognize the significance of financial management in ensuring the sustainability and success of Village-Owned Enterprises in the tourism sector (Hyshchuk, 2021;Latif et al, 2023;Rukmiyati et al, 2023;Suidarma et al, 2021).…”